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Comcast Buying NBC Universal reports General Electric has completed a deal to sell NBC Universal to Comcast, pending completion of a deal where Vivendi will sell its 20% stake in the entity. The deal may take up to a year before being approved by the FCC, but that approval is ultimately expected, which would leave Comcast 51% owner of NBC Universal, with GE retaining the other 49%. Word is: "Comcast wants NBC Universal largely for its lucrative cable channels, such as Bravo and CNBC. NBC Universal also spans the NBC and Telemundo broadcast networks, the Universal Pictures movie studio and Universal theme parks." GE currently owns 80 percent of NBCU, which is valued at approximately $30 billion, and they say: "The deal includes the spinoff of NBC Universal and $9 billion in debt. It also includes the merger of Comcast's content assets and a $6 billion cash contribution." Thanks Mike Martinez via Mashable.

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22. Re: Comcast Buying NBC Universal Dec 1, 2009, 22:42 Beaner
Insert this laff after the Hulu comment. This posting system is brokedick and sucks a queef.

This format totally isn't web 1.0.

This so called 1.0 comment system has been working its simple ways faithfully for years. Simple and easy to use. Slashdot is the most "fucked up" forum I have ever seen. Its a prime example of extreme unix geeks trying to design an elaborate UI and be more web 2.0 ala Digg. It is horrible. Version 1 of Slashdot was crap and so is the current one.

Regarding Hulu it will be fine. I dont think Comcast would be that stupid to try and immediately impose pay to watch constraints.

This comment was edited on Dec 1, 2009, 22:49.
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